Matador Resources Company (NYSE:MTDR – Get Free Report) CEO Joseph Wm Foran acquired 5,000 shares of the business’s stock in a transaction that occurred on Thursday, August 13th. The shares were purchased at an average cost of $51.44 per share, with a total value of $257,200.00. Following the transaction, the chief executive officer directly owned 30,617 shares of the company’s stock, valued at $1,574,938.48. This trade represents a 19.52% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
Joseph Wm Foran also recently made the following trade(s):
- On Wednesday, August 12th, Joseph Wm Foran bought 10,000 shares of Matador Resources stock. The stock was purchased at an average price of $52.16 per share, with a total value of $521,600.00.
- On Tuesday, August 11th, Joseph Wm Foran purchased 709 shares of Matador Resources stock. The shares were purchased at an average cost of $51.68 per share, with a total value of $36,641.12.
- On Monday, August 10th, Joseph Wm Foran purchased 3,130 shares of Matador Resources stock. The shares were purchased at an average price of $51.04 per share, for a total transaction of $159,755.20.
- On Tuesday, June 9th, Joseph Wm Foran acquired 2,000 shares of Matador Resources stock. The stock was purchased at an average cost of $53.07 per share, for a total transaction of $106,140.00.
- On Thursday, June 4th, Joseph Wm Foran acquired 2,000 shares of Matador Resources stock. The shares were purchased at an average price of $56.25 per share, with a total value of $112,500.00.
- On Friday, May 29th, Joseph Wm Foran bought 482 shares of Matador Resources stock. The shares were acquired at an average price of $52.70 per share, with a total value of $25,401.40.
- On Wednesday, May 27th, Joseph Wm Foran bought 4,675 shares of Matador Resources stock. The stock was acquired at an average cost of $52.36 per share, for a total transaction of $244,783.00.
Matador Resources Trading Down 0.2%
Shares of MTDR opened at $53.61 on Monday. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.62 and a current ratio of 0.65. Matador Resources Company has a 52-week low of $37.14 and a 52-week high of $66.84. The firm has a market cap of $6.63 billion, a price-to-earnings ratio of 9.20 and a beta of 0.76. The business’s fifty day moving average is $51.13 and its 200-day moving average is $54.04.
Matador Resources Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 8th. Shareholders of record on Monday, August 10th will be paid a dividend of $0.375 per share. The ex-dividend date of this dividend is Monday, August 10th. This represents a $1.50 annualized dividend and a yield of 2.8%. Matador Resources’s payout ratio is presently 25.73%.
Key Matador Resources News
Here are the key news stories impacting Matador Resources this week:
- Positive Sentiment: CEO Joseph Wm. Foran purchased 10,000 shares for approximately $521,600 on August 12 and another 5,000 shares for $257,200 on August 13. These purchases followed additional recent buying, bringing his direct ownership to 30,617 shares. EVP William Thomas Elsener also bought 850 shares. The concentrated insider activity may signal that management views MTDR as undervalued. SEC insider transaction filing
- Positive Sentiment: Wells Fargo raised its price target from $63 to $79, implying significant potential upside, even while maintaining an “equal weight” rating. Siebert Williams Shank also reiterated a “buy” rating, supporting the view that analysts see additional value in the shares. Wells Fargo price target update Siebert Williams Shank rating
- Positive Sentiment: Matador’s second-quarter earnings exceeded expectations, with earnings per share of $2.61 versus the $2.08 consensus and revenue of $1.17 billion versus $1.06 billion expected. Revenue rose 32.5% year over year, reinforcing the company’s operating momentum. Matador Resources earnings information
- Positive Sentiment: Recent analysis highlights Matador’s midstream infrastructure and connectivity in the Delaware Basin, which may improve access to markets, increase acreage value and support the economics of future drilling. Delaware Basin midstream analysis
- Neutral Sentiment: Analysts give MTDR a consensus “Moderate Buy” rating, but recent target changes are mixed. KeyCorp lowered its target from $73 to $68 while retaining an “overweight” rating, suggesting continued confidence tempered by near-term uncertainty. Matador Resources analyst consensus KeyCorp price target update
- Negative Sentiment: Investors continue to monitor 2026 headwinds, including commodity-price conditions, production expectations and spending plans. These factors could limit the near-term benefit of the earnings beat and create volatility for the energy producer. Matador Resources earnings call analysis
Analyst Upgrades and Downgrades
Several brokerages recently issued reports on MTDR. Mizuho raised shares of Matador Resources to a “strong-buy” rating in a report on Friday, July 31st. UBS Group increased their price objective on shares of Matador Resources from $54.00 to $56.00 and gave the company a “neutral” rating in a research note on Monday, August 10th. Stephens boosted their target price on shares of Matador Resources from $92.00 to $93.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 28th. Wells Fargo & Company boosted their target price on shares of Matador Resources from $63.00 to $79.00 and gave the stock an “equal weight” rating in a research note on Thursday. Finally, Zacks Research cut Matador Resources from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 25th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, Matador Resources presently has an average rating of “Moderate Buy” and an average target price of $66.07.
Get Our Latest Analysis on Matador Resources
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in the business. BlackRock Inc. acquired a new position in Matador Resources during the 2nd quarter worth about $573,936,000. Wellington Management Group LLP increased its stake in shares of Matador Resources by 65.0% in the fourth quarter. Wellington Management Group LLP now owns 3,406,182 shares of the energy company’s stock valued at $144,558,000 after buying an additional 1,342,145 shares during the period. Encompass Capital Advisors LLC acquired a new stake in shares of Matador Resources in the fourth quarter valued at about $53,249,000. Bank of New York Mellon Corp acquired a new stake in shares of Matador Resources in the second quarter valued at about $56,161,000. Finally, Value Holdings Management CO. LLC bought a new position in shares of Matador Resources during the second quarter worth about $41,532,000. Institutional investors own 91.98% of the company’s stock.
Matador Resources Company Profile
Matador Resources Company is an independent energy firm primarily engaged in the exploration, development and production of oil, natural gas liquids (NGLs) and natural gas. The company focuses on upstream operations, utilizing horizontal drilling and hydraulic fracturing techniques to unlock hydrocarbons from key reservoirs. Its asset base includes both operated and non‐operated positions, with a particular emphasis on the Permian Basin, one of the most prolific oil-producing regions in North America.
Matador’s core operations are concentrated in the Delaware Basin segment of the Permian Basin, where it holds substantial acreage in both Reeves and Culberson counties in West Texas and Eddy and Lea counties in New Mexico.
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